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Oman’s Bank Muscat FY 2021 net profit 16% higher at $493mln

Altre News JIACC

(Source Zawya) Oman’s largest lender by assets, Bank Muscat, in the last days reported a growth of 16% in the 2021 with a net profit to 189.63 million Omani riyals ($493 million) on the back of higher operating income and lower impairment charges.

Bank Muscat, Oman’s largest lender by assets, on Wednesday reported a 16 percent jump in full-year 2021 net profit to 189.63 million Omani riyals ($493 million) thanks to the higher operating income and lower impairment support profit rise.

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